Teledyne Technologies Incorporated Q2 2026 Results

Teledyne Technologies Incorporated reported record quarterly orders, sales, and operating profit for Q2 2026. Net sales increased by 9.8% year-over-year to $1,662.5 million, with GAAP diluted EPS at $5.37 and non-GAAP diluted EPS at $6.28, a 20.8% increase. Cash from operations was $315.2 million, and free cash flow was $284.7 million. The company raised its full-year 2026 GAAP diluted EPS outlook to $20.73-$20.99 and non-GAAP EPS outlook to $24.45-$24.65. All segments, particularly Digital Imaging, showed growth. The consolidated leverage ratio stood at 1.1x. The company repaid $450 million of gross debt during the quarter and continues to explore acquisitions.